How — Instruction 708 — Instructions for Form 708

Make sure to complete page 1 and the applicable parts in their entirety. Returns filed without entries in each required field will not be processed.

Determine whether you are required to file Form 708.
Determine which gifts and bequests or distributions from foreign trusts you must report.
Insert on the line under the title of form 708 the calendar year for which the Form 708 is being filed (applicable calendar year).
Complete Part I.

8 Instructions for Form 708 (12-2025)

Complete Part III.
Complete Part IV, Section 1, if you received a covered gift or covered bequest from a covered expatriate other than a distribution from a non-electing foreign trust.
Complete Part IV, Section 2, then Part VI, if you received a distribution from a non-electing foreign trust attributable to a covered gift or covered bequest, and attach the additional information required.
Complete Part IV, Section 3, if you are electing to be treated as a domestic trust pursuant to section 2801(e) (4)(B)(iii) or became a migrated foreign trust during the applicable calendar year, and you received a covered gift or covered bequest in a prior calendar year.
Complete Part IV, Section 4.
Complete Part V, if foreign gift or estate taxes were paid with respect to a covered gift or covered bequest reported on Part IV.
Complete all three sections of Part VII, and Part VIII, if you are making the election to be treated as a domestic trust pursuant to section 2801(e)(4)(B)(iii).
Complete Part VII, Section 1, if you are an electing foreign trust and the identity or address of your U.S. agent has changed.
Complete Part VII, Section 2, if you became a migrated foreign trust during the applicable calendar year.
Complete Part II.
Sign and date the return.